Recent News

RT @zerohedge: Prince Alwaleed Moved To Highest Security Saudi Prison After Refusing To Pay $6 Billion For Freedom

January 14, 2018 / www.zerohedge.com

Saudi Arabia's billionaire prince Alwaleed Bin Talal, has been carted off to Al Ha'ir prison - the Kingdom's highest security prison - after refusing to pay a reported $6 billion to Crown Prince Mohammed Bin Salman to secure his freedom.Read full newsRead More

RT @mutludc: Turkey plans assault on Kurdish enclave in Syria

January 14, 2018 / www.theguardian.com

President Erdo??an urges US to support operation against Afrin enclave, which is intended to 'purge terror' from borderRead full newsRead More

RT @Reuters: Saudi Prince Alwaleed in settlement talks with government: sources

January 14, 2018 / reut.rs

Saudi Arabia's billionaire Prince Alwaleed bin Talal, detained for over two months in an anti-corruption crackdown, is negotiating a possible settlement with authorities but so far has not agreed on terms, a senior Saudi official said.Read full newsRead More

RT @robinenergy: US offshore oil exploration back on agenda in pursuit of 'energy dominance'

January 14, 2018 / www.thenational.ae

With oil prices rising and spending returning, many companies will likely take a look at exploring new parts of the US offshoreRead full newsRead More

RT @themoneygame: Ripple, the company behind cryptocurrency XRP, is betting big on Asia @BIPrime

January 14, 2018 / read.bi

BI PRIME: Asheesh Birla, VP of product for Ripple, told Business Insider banks in Asia are more open to innovation than US-based firms.Read full newsRead More

UPDATE 1-BOJ's Kuroda sticks with pledge to maintain massive stimulus

January 14, 2018 / www.kitco.com

* Kuroda upbeat on economy, signals policy on hold* Economy to continue expanding moderately - Kuroda* Adds Japan's banking system remains stable* BOJ's report on regional economy due 0500 GMT (Adds quotes, detail)By Leika KiharaTOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until the econo...Read More

VW to spend more than $3.3 bln through 2020 on U.S. model expansion

January 14, 2018 / www.kitco.com

DETROIT, Jan 14 (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.Some $1.2 billion of the planned investments are destined for the United States where Volkswagen in 2018 will launch a redesigned version of its top-selling Jetta...Read More

FOREX-Dollar index wallows at 3-yr lows, euro buoyed by ECB taper hopes

January 14, 2018 / www.kitco.com

* Hopes of further ECB tapering bolster euro* Dollar skids to lowest since September against yen By Lisa TwaroniteTOKYO, Jan 15 (Reuters) - The dollar wallowed at three-year lows against a basket of currencies on Monday, while the euro took a breather after soaring on hopes that European Central Bank policymakers were gearing up to further trim their monetary stimulus.The dollar index, which trac...Read More

RT @FXinEffect1: 7.3 magnitude earthquake shakes Peru

January 14, 2018 / ift.tt

A 7.Read full newsRead More

Mike Beck: Battery metals part 4 - Unprecedented demand picture forming in copper

January 14, 2018 / www.mining.com

Mike discusses the copper market. It is a massive market with 20 millions of tons production per annum which is ten times larger than nickel. In this series, we've worked from the niche battery metals all the way to the largest which is "big copper".Copper is particularly interesting as Electric Vehicles represent a new area of incremental demand. The average E.V. requires 80kg more copper than a...Read More

China Stocks-Factors to watch on Jan. 15

January 14, 2018 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC +0.1 pct, CSI300 +0.5 pct, HSI +0.9 pct* HK->Shanghai Connect daily quota used 12.2 pct, Shanghai->HK daily quota used 18.0 pct* HK->Shenzhen Connect daily quota used 5.3 pct, Shenzhen->HK daily quota used 11.1 pct* CNY official close 6.4665 per dollar* FTSE China A50 +1.0 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 15 (Reuters...Read More

Dollar slips to lowest vs yen since mid-September

January 14, 2018 / www.kitco.com

TOKYO, Jan 15 (Reuters) - The dollar slipped to its lowest levels since mid-September against the yen on Monday, following comments from Japan's central bank governor on Japan's economic recovery.While Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably, he also said that the...Read More

BOJ's Kuroda repeats resolve to maintain massive stimulus

January 14, 2018 / www.kitco.com

TOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably."Japan's financial system remains stable and monetary conditions are very accommodative," Kuroda said in a speech at a quarterly meeting of the bank's regional branch managers."The BOJ...Read More

UPDATE 2-Softbank plans $18 bln IPO of mobile phone unit this year - Nikkei

January 14, 2018 / www.kitco.com

* IPO would rival NTT's 2.2 bln yen 1987 listing* SoftBank would use proceeds for overseas investment - Nikkei* Simultaneous TSE, overseas listings eyed - Nikkei* SoftBank says listing an option but no decision made*(Recasts, adds company comment)By Yoshiyasu ShidaTOKYO, Jan 15 (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper...Read More

DIARY-Government Debt Auctions to Feb 28

January 14, 2018 / www.kitco.com

Jan 15 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS15-Jan Netherlands DTC auction15-Jan NorwayAuction of Treasury bills16-Jan Japan Auction of 5-year government bonds16-Jan Spain Auction of 6- and 12-month Treasury bills17-Jan Japan 1-year discount bill auction17-Jan Germany Auction of 3...Read More

London home-sellers cut prices by most since 2009 - Rightmove

January 14, 2018 / www.kitco.com

By David MillikenLONDON, Jan 15 (Reuters) - The prices that London home-sellers are seeking for their properties fell by the most since the financial crisis this month, at a time when prices in most of the rest of Britain are rising, industry figures showed on Monday.London's once red-hot housing market has slowed for the past year due to a double hit from higher purchase taxes on expensive homes...Read More

DIARY-Top Economic Events to Feb 27

January 14, 2018 / www.kitco.com

Jan 15 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 15LONDON - Bank of England Economist Silvana Tenreyro speaks on "The Fall i...Read More

New Anti-Static Super Air Knife with 34% Better Performance is CE, UL and RoHS Certified

January 14, 2018 / www.mining.com

EXAIR's new Gen4 Super Ion Air Knife eliminates static electricity 34% better at low inlet pressures which saves compressed air and money. Production speeds, product quality and surface cleanliness can improve dramatically. It eliminates static on plastics, webs, sheet stock and other product surfaces where tearing, jamming or hazardous shocks are a problem. Gen4 products have undergone independen...Read More

Softbank says listing of mobile unit an option; no decision made

January 14, 2018 / www.kitco.com

TOKYO, Jan 15 (Reuters) - SoftBank Group Corp said on Monday that a listing of its core mobile-phone subsidiary Softbank Corp was an option as part of its capital strategy but that no such decision had been made.The Nikkei newspaper reported earlier that SoftBank was planning to list the the unit in Tokyo and overseas as early as this spring, a move that could raise some 2 trillion yen ($18 billio...Read More

RPT-UPDATE 1-Shock reaction to BOJ bond buying cut makes stimulus exit a challenge

January 14, 2018 / www.kitco.com

(Repeats for morning readership, no change to text)* Bond-buying reduction not a signal of policy shift* Market reaction catches BOJ officials off guard* BOJ ready to trim bond buying again if yield curve flattens* Market rupture comes ahead of BOJ leadership change By Leika KiharaTOKYO, Jan 12 (Reuters) - When Japan's central bank made a small cut to its regular bond purchases this week, what s...Read More

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